A. Schulman, Inc. (SHLM) Shares Sold by Systematic Financial Management LP

Systematic Financial Management LP lessened its stake in A. Schulman, Inc. (NASDAQ:SHLM) by 14.1% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 48,545 shares of the basic materials company’s stock after selling 7,985 shares during the period. Systematic Financial Management LP owned 0.16% of A. Schulman worth $1,658,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. SG Americas Securities LLC acquired a new position in A. Schulman in the 3rd quarter valued at $111,000. US Bancorp DE raised its holdings in A. Schulman by 23.4% in the 2nd quarter. US Bancorp DE now owns 3,486 shares of the basic materials company’s stock valued at $111,000 after acquiring an additional 661 shares during the last quarter. PNC Financial Services Group Inc. raised its holdings in A. Schulman by 1.0% in the 2nd quarter. PNC Financial Services Group Inc. now owns 4,854 shares of the basic materials company’s stock valued at $156,000 after acquiring an additional 50 shares during the last quarter. State of Alaska Department of Revenue raised its holdings in A. Schulman by 78.7% in the 2nd quarter. State of Alaska Department of Revenue now owns 5,807 shares of the basic materials company’s stock valued at $185,000 after acquiring an additional 2,557 shares during the last quarter. Finally, Crossmark Global Holdings Inc. acquired a new position in A. Schulman in the 3rd quarter valued at $202,000. 79.15% of the stock is currently owned by institutional investors.

Shares of A. Schulman, Inc. (NASDAQ:SHLM) opened at $37.15 on Wednesday. The company has a current ratio of 1.68, a quick ratio of 1.09 and a debt-to-equity ratio of 4.28. A. Schulman, Inc. has a 12-month low of $25.00 and a 12-month high of $39.85. The firm has a market cap of $1,100.35, a price-to-earnings ratio of 21.31, a P/E/G ratio of 1.84 and a beta of 1.57.

A. Schulman (NASDAQ:SHLM) last posted its quarterly earnings data on Wednesday, October 25th. The basic materials company reported $0.32 earnings per share for the quarter, beating analysts’ consensus estimates of $0.25 by $0.07. The company had revenue of $646.65 million during the quarter, compared to analysts’ expectations of $624.91 million. A. Schulman had a net margin of 1.35% and a return on equity of 31.20%. The firm’s revenue for the quarter was up 7.0% on a year-over-year basis. During the same period in the prior year, the company posted $0.47 EPS. analysts anticipate that A. Schulman, Inc. will post 2.07 earnings per share for the current year.

Several brokerages have weighed in on SHLM. BidaskClub upgraded A. Schulman from a “strong sell” rating to a “sell” rating in a report on Thursday, August 17th. ValuEngine upgraded A. Schulman from a “hold” rating to a “buy” rating in a report on Saturday, August 12th. SunTrust Banks reiterated a “hold” rating on shares of A. Schulman in a report on Friday, October 27th. Zacks Investment Research upgraded A. Schulman from a “sell” rating to a “strong-buy” rating and set a $41.00 price objective for the company in a report on Saturday, October 21st. Finally, TheStreet upgraded A. Schulman from a “c-” rating to a “b-” rating in a report on Tuesday, November 7th. Three equities research analysts have rated the stock with a hold rating, one has issued a buy rating and one has issued a strong buy rating to the stock. The company presently has an average rating of “Buy” and an average target price of $39.00.

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About A. Schulman

A. Schulman, Inc is an international supplier of plastic formulations, resins and services, and provides solutions to its customers’ requirements through custom-formulated products. The Company’s customers span a range of markets, such as packaging, mobility, building and construction, electronics and electrical, agriculture, personal care and hygiene, custom services, and sports, home and leisure.

Institutional Ownership by Quarter for A. Schulman (NASDAQ:SHLM)

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